Edward Rogers III will not lead a second Toronto bid group aiming to buy the Buffalo Bills, QMI Agency has learned.

And the one Toronto group there is apparently has begun to get out the message that it will not -- repeat, not -- relocate the team from Western New York.

Quite the news day.

First, Rogers. According to QMI Agency sources, the deputy chairman of the Canadian telecommunications and media empire that bears his family's name has decided not to lead his own bid group, as has been speculated, reported and even presumed by some.

Rogers was not immediately available to comment on Monday night.

Even though the Rogers family fortune was estimated last fall by Canadian Business magazine to be $7.6 billion, two sources said Rogers himself was not in a position to be a sole bidder for the NFL club.

Last summer Forbes.com pegged the Bills' value at $870 million but the team probably will sell for more than $1 billion.